Listed price in listed location currency (USD).
$599,900

5315

MLS® 1414312

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2518 sqft
Garage Yes
Taxes $6,577
Days Active 16
Lot Size 0.15 Acres
Approx. Age 1867
Avg. Price Per Sqft $238
MLS® Number 1414312

Property Address: 112 Clay St, Central Falls, RI, 02863-3023

Average square foot calculated using Size range provided by listing agent.

Description

Incredible wealth-building opportunity at 112 Clay Street in Central Falls, RI! This massive, highly versatile 3-family property is delivered 100% vacant, offering an estimated $4, 800+/month in residential rental income. Perfect for savvy real estate investors or owner-occupants seeking the ultimate house-hack, this spacious multi-family home features 5 bedrooms and 3 bathrooms across three functional, well-designed layouts. The property features a spacious 3-bed/1-bath unit ideal for an owner's suite, alongside two 1-bed/1-bath units to maximize your monthly cash flow. Extremely well-located in a high-demand commuter hub close to I-95, local restaurants, shopping, and the local train station, keeping tenant demand high and vacancy rates low. Adding massive value is a rare 2, 000+ sqft detached garage with 13+ ft ceilings, 220V electrical power (separated), heavy-duty cinderblock construction, and an 8-inch concrete slab. This bonus commercial-grade structure is perfect for contractors, business storage, a private workshop, or separate rental income. Explore local zoning guidelines for ADU (Accessory Dwelling Unit) potential to add a 4th income-producing stream! With off-street parking for up to 12 cars, individual utility meters, low-maintenance vinyl siding, and unparalleled versatility, this property offers a rare combination of immediate high-yield cash-flow and long-term equity growth.
MLS® Number1414312
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1867
BasementFull, Partially Finished
DrivewayDetached, Garage
Garage Spaces
HeatForced Air, Gas
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Jun 4, 2026List Date
$599,900List Price
-End Date
Not Sold YetSold Price

For Sale

May 21, 2026List Date
$669,900List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 16, 2026List Date
$799,900List Price
  • Commute

Commute

Starting Address
Destination Address
112 Clay St, Central Falls, RI

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